Financing affordable housing in Yangon : May 2019 / Asian Development Bank.

Format:

Book

Author/Creator:

Asian Development Bank, author.

Language:

English

Subjects (All):

Public housing--Finance.

Public housing.

Physical Description:

1 online resource (90 pages)

Edition:

1st ed.

Place of Publication:

Manila, Philippines : Asian Development Bank, [2019]

Summary:

Myanmar's housing sector is struggling to cope with rapid urbanization, internal migration, and new demand from recent economic growth. These challenges are most apparent in the Yangon Region, where estimates suggest there will be a housing shortage of 1.3 million units by 2030. This publication assesses the current housing market situation in Yangon. It identifies reform options and offers practical recommendations to support the Yangon Region Government's implementation of its affordable housing agenda and related policies.

Contents:

Cover

Title

Copyright

Contents

Tables and Figures

Foreword

Executive Summary

Abbreviations

I. Assessment of the Housing Market, Housing stock, and Affordability gaps

A. Current Housing Stock, Housing Structure, and Housing Shortage Estimates

B. Housing Aor ff dability by Income Deciles

C. Demand and Supply Gap for Affordable Housing

D. Estimating Aggregate Housing Need

E. Viability and Effectiveness of Current Housing Measures

II. Analysis of the Housing Finance Market

A. Macroeconomic Context to Housing Finance

B. Overview of the Finance Sector

C. Regulatory Environment and Impact of Taxation Policies

D. Primary Lenders and Structure of the Housing Finance Market

E. Potential for Housing Microfinance and Micro-Mortgages

F. Domestic Debt Market and Access to Long-Term Funding

III. Existing Legal Frameworks and Market Practices on Housing, land, and Property in the Yangon region

A. Relevant Laws and Regulations on the Housing Sector

B. Land Types in Yangon

C. Land Classific ation and Reclassification

D. Sale and Purchase of Housing and Rental Practices

E. Building a Vision for a Yangon Region for Everyone: Potential Lessons from Three International Best Practices

IV. Vulnerabilities of Myanmar to climate change and disaster risks

A. General Disaster Profile of Myanmar

B. Vulnerability to Climate-Related Hazards

C. Impact of Climate-Related Disasters on Housing Supply and Demand

V. Policy recommendations for the development of the Housing Finance Market

VI. Road Map for the Development of a Rights-Based and climate-r esilient Housing sector

Conclusion

References.

Notes:

Description based on print version record.

ISBN:

9789292616212

9292616218